According to CoinMeta, large Bitcoin holders are still actively placing orders, although the number of sell orders is limited. At the same time, an increasing number of long-term holders are beginning to transfer their older coins. A widely watched chart indicates that the price of Bitcoin is testing a key level that has influenced market cycles in the past. Although the price targets and market levels mentioned in the article are based on technical analysis, they do not constitute a guarantee for future price performance. Data shared by market expert CW shows that whale buy orders remain strong, even though the trading price of Bitcoin is within an important price range. There are currently no significant sell orders, which has drawn the attention of traders, as whales' heavy buying can support the market during uncertain times.